ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Telangana minister pledges support for journalists and Urdu media
By Staff Writer in Media News on Tuesday, 04th August 2026 at 9:45pm
KUWJ honours veteran journalist Jayaram Hegde with honorary title
By Staff Writer in Media News on Tuesday, 04th August 2026 at 9:43pm
Chennai Cyber Crime Wing books Nakkheeran Gopal over remarks on Karur stampede
By Staff Writer in Media News on Tuesday, 04th August 2026 at 8:30pmVeteran journalist Thottam Rajashekharan passes away
By Staff Writer in Media News on Tuesday, 04th August 2026 at 8:14pmThe Pant Project appoints Confiance Communications as strategic PR partner
By Staff Writer in Media News on Tuesday, 04th August 2026 at 6:38pm
Dentsu Creative Isobar wins Bandhan Bank creative mandate
By Staff Writer in Media News on Tuesday, 04th August 2026 at 6:36pm
Chennai Institute of Journalism adds 20 seats, invites applications
By Staff Writer in Media News on Tuesday, 04th August 2026 at 6:28pm
Media news latest
Marcoms news latest